02 October 2003 | Robin Parker
PeopleSoft is to offer JD Edwards' software as a separate portfolio after its purchase of the rival firm.
The merged enterprise resource planning (ERP) giant has said its goal is to grow its software licence, service and maintenance revenue streams rather than consolidate product lines.
It also plans to develop compensation management software, which is missing from both vendor's lines.
However, 1,000 of the companies' combined 13,000 staff will be laid off. The cuts will mostly be made in administration, marketing and middle management.
PeopleSoft bought JD Edwards in July, by which time it had become a takeover target itself, for competitor Oracle, which has extended the deadline for its hostile bid to 17 October.
But IBM, Oracle's chief rival in the computer database market, has complained to the US Department of Justice, which is investigating the deal, that it would give Oracle, SAP and Microsoft a stranglehold on the ERP market.